12200/12210 Shoreview Dr,Cape Coral, FL 33993
Cape Coral, FL 33993
Description
An amazing opportunity to own a unicorn property with SO much potential and so many different options. Take advantage of this opportunity to build and expand upon current owner upgrades - this resort property is located in Matlacha, a renowned old Florida art and fishing village with easy access to Cape Coral, Pine Island and the multiple surrounding islands and also located directly on the Great Calusa Blueway - a 200 mile guided kayaking and paddling water trail. Matlacha is known for its Olde Florida community, tourism and some of the best fishing and boating right in your back yard, with endless views, a nature lover's paradise. Over 275 feet of water frontage, endless views, 5 boat slips (could be 6), magnificent potential and currently used as a short term vacation rental/hotel. Total Units: 13 units plus one office option(convertible to a 3rd bedroom in Unit 2 of the quad)and mirrors the 3-bedroom layout in Unit 3. Two buildings - Two-story building: 9 units (2× 2BR, 6× 1BR, 1 hotel room currently used as laundry), Single-story building: 1× 3BR, 1× 2BR, 2 studios, Square Footage: 7,400 SF (4,650 SF + 2,750 SF), Land: 1 Acre, direct waterfront, Zoning: multi-family / hotel. This was fully renovated in 2025 and is in spectacular condition - attention to detail in all upgrades and this entire property and each unit is spacious, with upscale decor and furnishings. Investment Highlights / Projected NOI (Year 1): $311,500 (Financial Overview and Proformas available upon request / Pro Forma Cap Rate: 6.9% / Revenue Potential: $550,000+ annually at 70% occupancy / ADR Growth: $180 - $210 projected over 5 years / Expansion Potential: Opportunity to add RV spots or tiny homes in the gravel area along the canal / convert laundry/office space to additional guest accommodations or amenities. Potential additional revenue streams include event hosting, day passes, boutique retail store, kayak rentals, bike rentals, jet ski rentals - additional detailed floor plans, unit information and financials available. All the work has been done and ready for a new owner!
Details
| MLS # | 2026032935 |
|---|---|
| Listing Type | For Sale |
| Style | Hotelmotel |
| Building Name | Matlacha on Shoreview |
| Sub-Type | Resale |
| Status | Active |
| Year | 1999 |
| Days On Site | 29 |
| Listing Provided By | Re/Max Sunshine | Char Seuffert |
Features
| Story(s) | 2 |
|---|---|
| Zoning | RM-2 |
| Acreage | 1.00 |
| Water Front | Yes |
Taxes
| Tax Annual Amount | 22093 |
|---|
Area Information
| State | FL |
|---|---|
| County | Lee |
| City | Cape Coral |
| Zip Code | 33993 |
| Area | PI03 Matlacha |
| Listing VS Median (in 33993) | |
Price: $3,250,000 low | high Med: $365,000 On site: 29 low | high Med: 38 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Lee |
| City | Cape Coral |
| Zip Code | 33993 |
| Area | PI03 Matlacha |
| Listing VS Median (in 33993) | |
Price: $3,250,000 low | high Med: $365,000 On site: 29 low | high Med: 38 | |
 | $3,250,00012200 Shoreview DrCape Coral, FL 33993 |
 | $3,250,00012200/12210 Shoreview DriveMatlacha, FL 33993 |
 | $3,250,00012200/12210 Shoreview DrMatlacha, FL 33993 |
 | $2,598,00012201 Shoreview DrMatlacha, FL 33993 |
 | $2,598,00012201 Shoreview DrMatlacha, FL 33993 |